Overview

The banking industry worldwide is undergoing phenomenal change giving the banks an opportunity to relook at its business models and launch new, innovative and customer centric products. The Middle East is not isolated from this transformation. Today, banks have to reach where their customers are offering tailor made products, all of which are backed by strong technology driven ecosystem. While there are many benefits to these new business models, it also comes with its share of challenges and risks.

UMS conference is proud to announce its New Age Banking Summit Series in Dubai, UAE which creates a perfect platform for industry leaders and experts to discuss these challenges, risks and the endless opportunities and act as a catalyst in the transformational journey of the banks in the region.

WHERE

Dubai
United Arab Emirates

WHEN

Tuesday
July 30, 2019


3rd Edition FINSEC – The Financial Services Security Summit

Cybersecurity threats in the financial sector are on the rise and this risk has increased in the past years due to rapid advances in the technology. Although, financial institutions have been addressing the security threats for decades and are increasingly spending on cybersecurity, many still fall prey to cyber-attacks. Security leaders need to find effective ways to improve their abilities to defend against cyber threats. It is estimated that cybercrime will cost the global economy $2.1 trillion by 2019 and it costs more to the financial services firms than to any other industry. The annual average cost of cybercrime for financial services has increased by more than 40 percent over the past three years.


Open Banking

Open Banking is a secure way to share financial information between banks and authorized payment service providers through API’s. Open banking will enable the future banking leaders to know their customers and markets betters while collaborating with other organizations to strengthen their market position. Open Banking will enable the innovation of new products and services through stakeholder collaboration within a bank and the financial ecosystem.


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Last year our tickets sold fast so don’t miss. Conference will start in

New Age Banking Series

Focus Areas

Mobile Banking Applications

Cyber Security

Blockchain

Iot & Ai

Next-Generation Payments

Customer Experience
& Engagement

Digital Infrastructure

Fraud Management

Digital Analytics

Customer-Centric Digital Platforms

Disruptive Innovations

Future Banking Trends
& Technologies


Parallel Sessions

Recognition Awards

Industry Round Table Discussions

Breakfast Briefing

Lunch to Learn

Boardroom Briefing

Workshop

Showcase New Products and Solutions

Fireside Chat


Key Takeaways

  • Learn insights on Regulatory Framework and Policies on FinSec and Open Banking
  • Build a cyber resilient strategy
  • Incorporate ‘Zero Trust Model’ in your security strategy
  • Securing mobile banking and payment channels
  • Strategize your Open Banking Implementation
  • Enhance the customer experience

New Age Banking Series Highlights

Venue

Location

Dubai, UAE